Bankers anticipate more AI dealmaking to benefit data and infrastructure companies.
Tech companies focusing on managing, moving, and securing data will be at the forefront of the AI M&A wave.
The gap between buyer and seller price expectations is shrinking as companies, AI ones included, reset their valuations.
It's something even the biggest AI companies are opening their wallets for.
Some cross-sector actionWhile most of the AI and AI-related deals will likely be between tech companies, Goldman's Min anticipates some transactions in the industrial space.
Persons:
Goldman Sachs, Neil Kell, Brandon Hightower, hasn't, Scott Denne, Trump's, Andrew Ferguson, Ferguson, Jung Min, America's Kell, Min, Axom's Hightower, Axom, Rockset, Alan Bressers, you've, It's, There's, Axom's Bressers
Organizations:
Bankers, Bank of America, Partners, Bank of, Companies, Axom Partners, Tech, P Global Market Intelligence, Research, Federal Trade Commission, Big Tech, Wedbush Securities, Bank, Nvidia, Lambda
Locations:
Snowflake, Seattle